smallbusiness.co.uk: Helping your business think big

Email a Friend

Managers ignoring employee wellbeing 

More than one in three workers do not feel valued by their employer, research finds.

More than one in three workers do not feel valued by their employer, research finds.

According to a survey of more than 1,000 employees by health insurer Simply Health, 43 per cent of employees do not feel their employer does anything to look after their wellbeing at work.
 
Simply Health marketing director James Glover says, ‘Wellbeing is highly valued by employees and a key driver in their level of job satisfaction, loyalty and motivation. If employers fail to communicate that they care, they could lose talented people as soon as the job market starts to recover.’
 
The research also finds that health and wellbeing has a direct impact on loyalty in the workplace, with three quarters of employees who feel their employer cares a great deal about them describing themselves as loyal. In contrast, this drops to just 3 per cent for those that feel their employer doesn’t care.

Three out of ten employees whose employer does not care say they are actively looking for work elsewhere, a number seven times higher than those who do feel their employer cares about health and wellbeing.
 
Nick Kemsley of Henley Business School says, ‘Research indicates that there are links between high engagement and improvements in absenteeism, discretionary effort and employee retention, and therefore to productivity. Although health and wellbeing is only one contributing factor to a fully engaged workforce research does show that feeling worthwhile and valued is key to an employee’s psychological contract with an employer.

'Given that there is unlikely to be a sudden relaxation in financial constraints around employee health and wellbeing, employers would perhaps be wise to consider the most cost effective means to maintaining tangible key benefits, whilst still finding ways to enhance engagement that are less reliant on money.'

See also: Employee wellbeing can be hit by skipping on lunch

Related topics: Employee wellbeing, Job satisfaction

Previous article

SMEs put off employing

Next article

Job hunting workers cost employers

Post a comment

Related

News | Management

Employee perks on the rise

Guide | Employing staff

Guide to sacking an employee

News | Management

Watch out for employee burnout

News | Outlook

Managers spending too much time on financial management

Small Business Offers

More from Small Business

Starting a Business
Brexporting: From price points to pallet delivery 

Brexporting: From price points to pallet delivery 

How might a Brexit affect your logistical operations and international trade? Here, we look at...  

Financing a Business
Why small business lending alternatives are the next big thing 

Why small business lending alternatives are the next big thing 

Here are a few of the biggest drivers behind the slowdown in small business lending...  

Running a Business
4 ways to keep calm in a crisis

4 ways to keep calm in a crisis

Owning your own company can be a stressful business. ...  

Blog
Small businesses and courtesy in the digital age 

Small businesses and courtesy in the digital age 

In the latest in his series of courtesy in business, David Cliff examines the downside...